RBC Capital Maintains Outperform on Amazon.com, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Erickson maintains an Outperform rating on Amazon.com and raises the price target from $215 to $225.
November 01, 2024 | 4:28 pm
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POSITIVE IMPACT
RBC Capital has increased its price target for Amazon.com from $215 to $225, maintaining an Outperform rating. This suggests confidence in Amazon's future performance.
The increase in price target from $215 to $225 by RBC Capital indicates a positive outlook on Amazon's stock performance. Maintaining an Outperform rating suggests that the analyst expects Amazon to perform better than the market average.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100